Coal ministry receives 38 bids 24 mines from 31 companies

01 Jul 2022 CW Team

On Tuesday the government said that 31 companies which include JSW Steel, Vedanta Limited, NLC India Limited, Jindal Power, and Bharat Aluminium Company Limited submitted bids for 24 mines under commercial coal mines auctions.

38 online and offline bids have been submitted in the three rounds of auctions. In a statement, the coal ministry said that a total of 31 companies submitted their bids, online and offline in the auction process.

Birla Corporation Limited, Jaiprakash Power Ventures Limited, Rungta Metals Private Limited, and Godavari Power and Ispat Limited are other companies that submitted the bids.

The auction process for 122 coal/lignite mines had been launched in March. Except for 10 mines, the submission deadline for technical bids was June 27, 2022. The excluded 10 mines include Parbatpur Central coal mine and 9 lignite mines.

The statement added that technical bids including online and offline bid documents have been opened as a part of the auction process in the presence of the interested bidders.

The bids are going to be evaluated by a multi-disciplinary technical evaluation committee. The technically qualified bidders will be shortlisted for participating in the electronic auction.

After the technical bids were opened, the forum opened for discussion and suggestions from the bidders to transform the commercial coal mine auctions to be more attractive for the industry.

Image Source

Also read: India seeks WB aid to get abandoned coal mines going again

Infrastructure Urban

17 Sep 2025

ICMM CEO Rohitesh Dhawan Visits Hindustan Zinc

Hindustan Zinc, India’s only and the world’s largest integrated zinc producer, hosted Rohitesh Dhawan, President & CEO of the International Council on Mining and Metals (ICMM), at its flagship Sindesar Khurd Mine (SKM) in Rajasthan. The visit follows Hindustan Zinc’s induction as the first Indian company into ICMM, marking a significant milestone for India’s mining sector on the global sustainability stage.Dhawan, accompanied by run Misra, CEO of Hindustan Zinc, and the senior leadership team, toured Sindesar Khurd Mine – the world’s fourth-largest silver-producing mine – to ..

Amit Gupta Appointed CFO of Vedanta Jharsuguda Unit

Vedanta Aluminium has announced the appointment of Amit Gupta as Deputy Chief Financial Officer of its aluminium business and Chief Financial Officer of its Jharsuguda unit in Odisha.Gupta has been associated with the Vedanta Group since 2018, beginning as Group Head – FP&A at Vedanta Resources. With over two decades of cross-sector experience, he brings strong expertise in financial strategy, project finance, and business transformation.Prior to this role, he served as CFO of Bharat Aluminium Company (BALCO), where he led finance operations for more than four years. He has also held sen..

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..